Executives in the private equity space expect this year to be an active one for A&D and M&A activities, they concurred during the Independent Petroleum Association of America’s Private Capital Conference in Houston.
Also in this week's A&D Minute: Quantum Energy Partners might be saying goodbye to Rockcliff Energy, plus check out Chord Energy's Williston Basin 46,000-acre package.
Shell USA will acquire Volta Inc. in an all-cash transaction valued at approximately $169 million.
Also in this week's A&D Minute: What's fueling the multi-billion dollar midstream M&A spending spree? Plus, see what Hilcorp Alaska bid at a Cook Inlet lease sale.
Here’s a snapshot of recent energy deals including Northern Oil & Gas (NOG) closed on an upsized acquisition of working interests in Midland-Petro D.C. Partners LLC and Phillips 66 $3.8 billion deal with DCP Midstream LP.
Talos Energy said on Jan. 11 company expects to close the transaction soon after a Feb. 8 special shareholders’ meeting.
GP Howard LLC has retained RedOaks Energy Advisors as the exclusive advisor in connection with the sale of non-operated working interest properties located in Howard County, Texas, including six new wells drilled and two new wells that began production.
Also in this week's A&D Minute: Targa Resources snatched up Blackstone's 25% stake in the Grand Prix NGL Pipeline, and check out which companies snuck midstream deals in before the new year.
Here’s a snapshot of recent energy deals including Marathon's $3 billion Eagle Ford acquisition and Targa Resources Corp. deal to buy the remaining stake in the Grand Prix NGL Pipeline.
Along with two mergers, Sitio’s $7.24 billion year of M&A includes the acquisitions of Foundation Minerals and Momentum Minerals.